Have you been denied or declined for a standard merchant account? Maybe you are in an industry that processors classify as high risk, such as tech support or online neutraceutical sales. If so, you most likely need to apply for a high risk merchant account. There is no reason to be distressed by this, there are many
Many people think that because they run a legal and legitimate business there is no reason to have multiple merchant accounts. Why would a bank shut down a perfectly legal and clean account? Regardless of whether your merchant account is at risk of being shut down by the processor, there are many benefits to having multiple accounts if you are a high risk merchant
If you are running an e-commerce business it is essential that you have the ability to take credit card payments online…
One of the biggest headaches for business owners is chargebacks, and it’s significantly worse for high-risk businesses like kratom or peptides. When your business is already labeled high-risk, you can’t afford any problems with your payment processor, and chargebacks are just one of the most common reasons enterprises get dropped from mainstream services.
As market share continues to grow and holistic practitioners look for non-pharmaceutical healing methods, the kratom industry is beginning to bloom. Maybe you’re one of these practitioners or an entrepreneur looking to get on the ground floor of a new business; there’s no better time than now to start a kratom business.